June Mountain to Close Indefinitely

Mammoth will not operate June for the summer and the 2012-13 season

MAMMOTH LAKES, CA – Rusty Gregory, Mammoth Mountain Ski Area Chairman and CEO, announced today the company will not operate June Mountain this summer and for the upcoming 2012- 13 winter season.“June has operated at an annual deficit each year since its purchase in 1986,” said Gregory. “It is time to invest some of this subsidy into the analysis and planning required to position the resort for a sustainable future, then secure the approvals and financing required to create it.”

Mammoth purchased June Mountain in 1986 with the idea of significantly increasing the size of the resort by building new facilities, extending new runs to the June Lake Village, and fostering additional developed ski areas along the San Joaquin Ridge, resulting in a connection between Mammoth and June Mountains. For a number of reasons, these plans were never realized and June Mountain has, in turn, suffered from an identity crisis that has both stifled its ability to achieve its full potential and required substantial financial subsidy from Mammoth on an annual basis. Cessation of operations will help the company dedicate its focus to a new future for June Mountain. Mammoth will be working with its partner the U.S. Forest Service to reach the best possible result in this endeavor.

In the weeks to come, Mammoth will be working to determine if and to what extent it can absorb June’s year round workforce.Mammoth Mountain will continue to offer world-class skiing, snowboarding and summer activities for locals and visitors to the region.

Mammoth Mountain has operated continuously under permit from the U.S. Forest Service since 1954, and operated both resorts for the past 26 years. Mammoth Mountain Ski Area also owns and operates a variety of resort businesses including recreation, hospitality, food and beverage and retail including Mammoth Mountain Ski Area, Tamarack Lodge and Resort, Mammoth Snowmobile Adventures, Woolly’s Adventure Summit, Mammoth Mountain Bike Park and the Mammoth Mountain Inn. Mammoth Mountain also operates Juniper Springs Resort, the Village at Mammoth, and Sierra Star Golf Course.